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Market News

Location American Market News for 11 June 2018
Fiscal Blunders in Barbados Spell Gloom and Doom Barbados is begging for handouts in the form of debt relief. Once undisclosed liabilities are added to the Barbados fiscal tab, its overall debt as a percent of GDP surges from 137% to 175%.
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Stryker Offer May Trigger Billions in Deal Making

Wall Street Journal - 11 Jun 2018 22:39
Whether or not there is ever a deal, the takeover offer made by Stryker for Boston Scientific could trigger a wave of deal making in the generally sleepy medical-device business.
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Is Sprint Getting Too Aggressive With Its $15 Plan? Last week, Sprint unveiled a new limited time promotion, offering customers who switch from other carriers an unlimited plan priced at just $15 a line, which is well below the company's standard $60 plan.
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Xbox Shows Microsoft Playing the Long Game

Wall Street Journal - 11 Jun 2018 21:11
On the surface, Microsoft is lagging behind its big rival in the videogame business. But the company is succeeding where it counts.
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GreenSky Looks Fairly Valued, But Competitive Risks Remain GreenSky followed through with its plans to go public within weeks of confidentially filing with the SEC last month - making it the largest fintech IPO in the country since LendingClub and OnDeck went public nearly four ...
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Is The Market Overreacting To Philip Morris' First Quarter Results? Philip Morris International (NYSE: PM) reported its first quarter earnings on April 19, and saying investors weren't quite pleased with the results would be an understatement. The shares of the company plunged 16% in the...
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A Quick Snapshot Of Shell's Integrated Gas Business Royal Dutch Shell's (NYSE: RDS.A) Integrated Gas business accounts for 20% of the company's value, according to our estimates. LNG price movement is closely related to that of crude oil prices. As such, the average price...
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Why Are We 12% Higher Than The Market Price For McDonald's? Over the past two years, McDonald's (NYSE: MCD) has been working aggressively on several initiatives to shed its image of an "unhealthy, junk food" destination and customize its offerings to suit changing customer requir...
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Is It Time To Time The Market?

Forbes - 11 Jun 2018 20:09
Our trade "opponents" can also play this game. In the extreme they can levy exorbitant tariffs of all US products and form a free-trade zone among themselves. Their collective economy is more than twice the size of ours....
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Bitcoin Struggles For Direction After Sharp Drop Will Bitcoin form a bearish trend after falling below $7,000?
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Can Options Market Activity Predict Economic Growth? A new study by a group of European researchers shows evidence that the future pace of the U.S. economy can be forecast by looking at a less-obvious place: the options market.
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Major U.S. Refineries At Risk Of Cyberattacks As Many Continue To Use Windows XP Forget upgrading from Windows 7, some refining and petrochemical facilities are still stuck on Windows XP, leaving them vulnerable to breaches and malware.
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Add Up The Pieces: The SPDR S&P Oil & Gas Exploration & Production ETF Could Be Worth $50 For the SPDR S&P Oil & Gas Exploration & Production ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $49.55 per unit.
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President Trump's Self-Pardon Power Debate Will Continue The 1974 Justice Department Memo about whether President Nixon could pardon himself is not conclusive and even provides another avenue for pardoning President Trump. Presidential pardons are about mercy, not judgment.
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Risk: The Most Important Question To Get Right When assembling a portfolio, it's crucial to start with the big question of risk, and then focus on implementation. It just might be the most important question to get right to protect your retirement.
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RBI to raise $30-35 billion via NRI bonds to support rupee: Report RBI is expected to raise $30-35 billion through NRI bonds to support the rupee and offset the slowdown in FPI flows, says a Bank of America Merrill Lynch report
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How To Choose The Best Rewards Credit Cards

Forbes - 11 Jun 2018 14:32
How To Choose The Best Rewards Credit Cards Here's how to choose the best rewards credit cards.
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Infosys gets nod to delist ADSs from Euronext Paris, London The delisting procedure will allow Infosys ADSs listed on the Euronext Paris and Euronext London exchanges to be sold on NYSE
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'Online ULIPs will eventually become pull products owing to performance' Bajaj Allianz Life Insurance CEO Tarun Chugh talks about why the insurer lost market share over the years and what it's doing about it
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Golds prices slip below Rs32,000-mark on global cues, muted demand Gold prices dip below the Rs32,000-mark, falling Rs100 to Rs31,950 per 10 grams amid a weak trend overseas and fall in demand from local jewellers
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Debt and Groceries Are an Unappetizing Mix

Wall Street Journal - 11 Jun 2018 12:24
Groupe Casino's big debt pile is causing problems as Parisians take to online grocery shopping.
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Cash buffer gives Reliance Industries room to borrow as $13 billion matures Reliance Industries will seek approval to issue redeemable non-convertible debentures at its 5 July shareholder meeting in Mumbai
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